New Delhi: The initial public offering (IPO) of Brainbees Solutions, the parent company of Firstcry, was subscribed 12.22 times; with 2.31 times subscription in the retail category, 19.30 times in Qualified Institutional Buyer (QIB), and 4.68 times in the Non-Institutional Investor (NII) category.
Firstcry IPO GMP today
Investorgain reported that Firstcry IPO GMP today stands at Rs 40. As per the grey market premium price today, the Brainbees Solutions shares are expected to be listed at Rs 505 apiece. Firstcry IPO price band is set at Rs 440 to Rs 465 per share.
How to check Firstcry IPO allotment status
Visit Link Intime India website: https://linkintime.co.in/Initial_Offer/public-issues.html
Choose ‘Brainbees Solutions Limited’ in the dropdown.
Select any of the following: PAN, Application Number, DP/Client ID or Account Number/IFSC
Enter the required details
Share allotment status will appear on screen
Firstcry IPO allotment status on BSE
Visit https://www.bseindia.com/investors/appli_check.aspx
Select the issue type as Equity
Choose “Brainbees Solutions Limited”
Enter application number or PAN
Enter ‘Captcha’
Click on the Search button
Your allotment status will appear on screen
Brainbees Solutions/Firstcry IPO listing date
The Firstcry IPO allotment is expected to take place on August 9, i.e. today, while the initiation of refunds process is likely to begin on August 12. The Brainbees Solutions shares are expected to be credited to the demat accounts of eligible shareholders on August 12. The stock will get listed on BSE and NSE with a tentative date on August 13.
Brainbees Solutions (Firstcry) IPO, a book built issue of Rs 4,193.73 crores, opened for subscription on August 6, 2024 and ended on August 8, 2024. The public offer comprised a fresh issue of 3.58 crore shares worth Rs 1,666.00 crore and offer for sale of 5.44 crore shares aggregating to Rs 2,527.73 crores.
Investors were required to bid for a minimum lot size for an application of 32 shares. To apply for a single lot, a minimum amount of Rs 14,880 was required by retail investors. NIIs were mandated to apply for a minimum lot size of fixed 14 lots, and for bNII, it was 68 lots.
Book running lead managers of the Brainbees Solutions (Firstcry) IPO: Bofa Securities India Limited, Morgan Stanley India Company Pvt Ltd, Kotak Mahindra Capital Company Limited, Jm Financial Limited and Avendus Capital Pvt Ltd. Link Intime India Private Ltd is the registrar for the issue.
Firstcry IPO allotment expected on August 9, 2024. The Brainbees Solutions IPO GMP stands at Rs 40, investorgain reported. The Firstcry IPO price was set in the range of Rs 440 to Rs 465 per share. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
